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CRPTOCURRENCY

The Triangle Of Death (Bitcoin Event May 2022)We have been here before , August 2019 to be exact. Traded the same type of triangle down to a 7k Bitcoin at the time. Take a look below (First TA so rough around the edges ,also ignore the x50 it was a different time lol) Just like 2019 I think there is more a chance that we come down than up. Fib Circle 2.36 Fib Time Zone 2.618 Last week of may 2022 we will most likely break this triangle down to the 200 weekly. 200 Weekly Prices Today - 21000 May 25th -22400 July 23rd -24100 Price can of course wick down lower than the 200 weekly it has historically but we have never closed a weekly under it , take a look below . The last Chainlink fib sequence will come into play , May 23rd 2022 , using LINK/BTC dominance chart I discovered this Fib time sequence that has caused massive moves in LINK and BTC so next and last date May 23rd 2022. So last two death cross on the 3D chart has resulted in Bitcoin moving down to the 200 weekly Predicted cross 19th of May . And finally on average it takes Bitcoin 400 days to go from cycle peak to 200 weekly, which end of may would be 400days. (segment taken from previous TA ,) The top in April 2022 was the true cycle top the one that followed after was just pure manipulation , that run to 70k was just a trap , with only half of the Bitcoin address active for that run , price still managed to get to all time high and like clockwork the 7-10 year old wallets come in again and sell a massive amount of Bitcoin creating yet another Bitcoin top. So yeah that run was created by the few ,there was no hype , no retail just whales. Take a look at the link below of on-chain data. ibb.co So everything all of sudden is coming together for end of may 2022. 1. End of the Fib circle 2.36 2.End of Chainlink sequence May 23rd 2022 3.200/50 Death Cross 3D predicted cross 4.Average of 400 days from Cycle Peak to 200 weekly Its so crazy seeing everything lining up , Buckle up!
INDEX:BTCUSDShort
by Sporia
1
XRP trapped between a rock and a hard placeXRP is trapped inside a wedge/pennant/flag and is also squeezed betwen the 200 EMA and the 50 EMA. Interestingly if we look at the daily time frame the price is above the 50 EMA and below the 200 EMA but if we switch to the H4 time frame the price is above the 200 EMA but below the 50 EMA. So what does this potentially mean? The 200 EMA on the H4 time frame is strong support and suggests that price will climb from current levels and take out the 50 EMA. SHould it do that then we should see the price on the daily time frame take out the 200 EMA which it did last week but couldn't stay there. Overall the picture looks BULLISH and I expect XRP to head north from these levels. There are barriers ahead but if the price can take out the 200EMA on the daily then I expect price to break north of the flag and this could be an explosive move. this could open up a path to the 1.0000 handle over the next few days and weeks.
Long
by forextraplaces
XRP Wide view update Signals are looking bullish on the weekly, green buy signal on the Cypher, low RSI, historical trendline bottomed out, and we are coming to end of the consolidation triangle/ end of cup and handle, previous feed in yellow shows very familiar pattern from 2017/2018 run up. Bearish views are sell signal on monthly, and long term downtrend yet to be broken. i.d say that 35% chance of going down and 65% for the up if no news affects it.. Let me know your thoughts or if I missed something.
POLONIEX:XRPUSDLong
by N4TUN
2
Big Whale!! Pumping New ATH???Weekly Time-frame The largest Canadian Bitcoin ETF is hitting back-to-back all-time highs with respect to its BTC holdings as inflows intensified. Bullish news. We are still holding the area of supply zone. If we turn it to demand zone we can rally again in the following days. 1D Time-frame We are going to have some correction today or might be the beginning of the drop base drop. Crypto greed and fear index is now at #51. AO is still bullish and RSI is still bullish. We are still in the supply area if we turn this to base the we can rally again next week. 4H Time-frame AO is bullish and is currently correcting. RSI is bullish. Tanken Sen is now supporting the candle. Next support is in Kijun Sen at $43,000. We will discuss more on the possibility on our Live. Stay tune and check with us! Want more insights before US market open? Hit Like, Share, and Subscribe for more daily trading tutorial & cryptocurrency news Trade Scholar, the best cryptocurrency educational community online! Find the content above difficult to understand? Feeling lost about how to trade? Want to learn how to do your Own Price Prediction? We endeavour to share you our investment knowledge & experience in order to help you starting your path to financial freedom. Follow, Subscribe & Join our Community to trade together! Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions. [/i
Long
by Trade_Scholar
BTC - AFTER THE 44K TRENDHello trading friends, Since the last trends, BTC did increase to 44K + and at the same time, this zone is a split zone. Into the before update we did add about the whale protection trend on the 42K zone. All markets have uptrends and downtrends, for this reason, follow always the last market trend if you are a daytrader or short-term trader. with following last trends data - you will be at last following a model that changes as the markets do. If the trend gets a positive trend - we could hit the coming time 45400+ as an important power line. but at the same time check always the last trends on BTC - as it can get unexpected. waiting to see or BTC will go to the blue trend line as the chart shows, that would make it more positive for BTC. In short words: We are now still into uptrend depending on live data - and at the same time it's the split zone - further risk management should be high if the trend returns back. Have a great time. # This is not a trading call - trade only depending on your setups.
Long
by watchtrend
Bear Market RoadmapThe bear market has been underway for a while now ever since the top in April 12th 2021 I believe we have been in a bear market and in a distribution phase, even though we did make a higher high later on the year I still have come to the conclusion that we are indeed in a bear market. The TA i posted a while back “The satoshi Prophecy” while still not technically invailded because in that TA my thesis is that May 2022 is the top for the cycle based on a Fibannaci time sequence of Chain Link, I still think it will eventually it will be invalided coming May 2022 as not the cycle top but as the bottom of the bear market ,you can check that out below. As soon as we lost the 8/1 Gann on Bitcoin I new things were about to get rocky but I still pushed and thought we were in a bull market because I kept finding things that backed my May 2022 cycle top case for example I posted the blue fibonacci log theory which you can check below . Weeks later we would break the blue fib log after that there was no case for the bulls anymore , historically breaking the blue fibonacci log confirms a bear market. In reality breaking the 8/1 Gann and not holding as support should have been the line but I was so focused on the Chain Link Fibonacci count that I did not see things coming, check out below on how we broke support the week of new year. Normally to trigger a Bull market or continue an uptrend we hold 8/1 as support and break higher like below in 2020. So what comes next, well looking at the golden multiplier trend lines we can see whenever Bitcoin follows below the last orange line we enter a bear market , right now we have been under it for a while now. Once below Bitcoin normally bottoms on an average of about 120days and breaks above the orange line in an average of 270 days which would put us in September to break out and amazingly May 2022 for a bottom , amazing that it lines up with May 2022 So what can we expect is a retest of the orange line at one point that ends up in a failed rally happens every time in history in a bear market 2011 2015 2018 Present Day Showing a possible outcome for this year 2022 So now we come to the most important piece of evidence that we are in a bear market and that would be the June 2018 bear market fractal that has played out 1:1 almost perfectly . Present Day with June 2018 Fractal June 2018 pattern Also cover this in the TA below It is a mirror pattern , mind blowing stuff and during June 2018 we also had a MACD bearish cross on the monthly which has happened now as well! So if the June 2018 bear market fractal plays out we retest 33k and create a double bottom sometime in the next 10days maybe and then have a rally to the orange line we talked about before which more or less lines with the 0.618 you can see that in the main chart above . There is this 3/1 Gann which I have been following for a while that Bitcoin can’t seem to break take a look at the TA below . I believe Bitcoin will most likely fail to break this gann line until we form that double bottom and finally to finish off volume , we had no capitulation volume come in , every time we have a major bottom or top there is a huge spike in volume. So how I think 2022 plays out 1- Revisit 33k form double bottom 2- Rally to 0.618 or orange line(Golden Multiplier) anywhere from 45k-56k to Mid-late March 2022 3-Get nuked down into May maybe capitulation wick down to 25/27k before closing at 30k 4- Come out of Bear market September 2022 5-Cycle Top June 2023
BITMEX:BTCUSD.P
by Sporia
1